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Iraq’s $17BN Suez Canal rival project: New update
For more than 150 years, the Suez Canal in Egypt has been a key artery for global trade between Europe and Asia. Now, a new ambitious project in Iraq aims to reshape regional trade routes. The plan ...
Egypt’s Suez Canal Authority announced on Tuesday that a Bahrain-registered firm is to develop a huge industrial and logistics hub around the canal, but gave no details of the project itself. The ...
China is strategically developing new trade routes to Europe that bypass the South China Sea, aiming to reduce its reliance on maritime paths vulnerable to geopolitical tensions with the United States ...
Egyptian President Abdel-Fattah El-Sisi has invited his Russian counterpart Vladimir Putin to attend the inauguration of the new Suez Canal project, scheduled to take place in August.
A Kremlin aide urged the Russian government on Thursday to adopt legislation allowing foreign-flagged vessels to use the Northern Sea Route (NSR), which Moscow wants to turn into a new Suez Canal.The ...
Egypt has raised the $8.5 billion it needs to fund a project to expand the Suez Canal in just eight days, the central bank governor told Reuters on Monday. Hisham Ramez said in an telephone interview ...
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